| 2008 | 2009 | 2018 | 2019 (projected) | Cadence Design Interest Expense | 5,002,000 | 23,670,000 | 21,303,000 | 21,152,428 | Cadence Design Gross Profit | 897,000,000 | 1,559,591,000 | 1,403,631,900 | 1,880,000,000 |
Are you still wavering about Cadence Design
 | By Rifka Kats | Macroaxis Story |
Here I will sum up some forward-looking signals drivers that the organisation investors should consider in June. We consider Cadence Design not too volatile. Cadence Design Systems secures Sharpe Ratio (or Efficiency) of 0.0506 which signifies that the organization had 0.0506% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Cadence Design Systems which you can use to evaluate future volatility of the firm. Please confirm Cadence Design Systems Risk Adjusted Performance of 0.0399 and Mean Deviation of 1.14 to double-check if risk estimate we provide are consistent with the epected return of 0.0802%.
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Reviewed by Ellen Johnson
This firm is overvalued at 47.61 per share with modest projections ahead. Cadence Design has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.4776 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Cadence Design will likely underperform. Although it is extremely important to respect Cadence Design Systems historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Cadence Design Systems technical indicators you can presently evaluate if the expected return of 0.0802% will be sustainable into the future. Cadence Design Systems right now shows a risk of 1.5836%. Please confirm Cadence Design Systems Maximum Drawdown, and the relationship between Information Ratio and Expected Short fall to decide if Cadence Design Systems will be following its price patterns. The performance of Cadence Design Systems in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Cadence Design's stock prices. When investing in Cadence Design, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Cadence Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Cadence Design carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
How important is Cadence Design's Liquidity
Cadence Design financial leverage refers to using borrowed capital as a funding source to finance Cadence Design Systems ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Cadence Design financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Cadence Design's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Cadence Design's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Cadence Design's total debt and its cash.
What do experts say about Cadence?
Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis ConsensusBreaking it down a bit more
The company has return on total asset (ROA) of 11.2 % which means that it generated profit of $11.2 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 31.37 % meaning that it created $31.37 on every $100 dollars invested by stockholders. The current investor indifference towards the small price fluctuations of Cadence Design Systems could raise concerns from investors as the firm closed today at a share price of 63.8 on 1939784 in volume. The company executives did not add any value to Cadence Design investors in April. However, most investors can still diversify their portfolios with Cadence Design Systems to hedge your portfolio against high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.5836. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. Cadence Design discloses 136.9m in retained earnings. Cadence Design is trading at 63.99 which is 0.42 percent increase. Today highest was 64.33. Cadence Design Enterprise Value over EBITDA is relatively stable at the moment. Also, Cadence Design Return on Invested Capital is relatively stable at the moment.
To conclude, our analysis show that Cadence Design Slowly supersedes market. The enterprise is overvalued and projects probability of distress very small for the next 2 years. Our final buy vs hold vs sell advice on the enterprise is Strong Hold.
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